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Gold Little Changed as Traders Eye Outlook for Fed Rates
Yahoo Finance·2025-11-07 01:20

One kilogram gold bars. Photographer: Brendon Thorne/Bloomberg Gold steadied as traders weighed comments from Federal Reserve officials as well as data showing a dramatic weakening in the US jobs market, raising the prospect of lower interest rates. Bullion was little changed just below $4,000 an ounce, paring gains made earlier in the session. Markets were buffeted early Thursday by a report that showed US companies had announced the most job cuts for any October in more than two decades, according to d ...